IamJeanPaul
Short

Broken SHS Neckline with Potential to 1.0520

FX:EURUSD   Euro / U.S. Dollar
Also take a look at my EurAud             Active Trading Idea.
EurUsd             is looking increasingly ugly. Bears managed to decisevly break 1.1000 and this is opening big room for a move towards 1.0520, so that this Should - Head - Shoulder formation will close its body.
I am currently in a Sell EurAud             Position, but i would also be looking for selling opportunities in EurUsd             , because technically AND fundamentally this is a very clean picture, thats worth selling.
My view would be to aggressivley sell rallies towards 1.1000 with a tight stop at about 1.1050.
Bears should be strong enough to defend the psychological very important 1.10 handle, and price should not close anymore above it.
I would be targeting 1.0600/0550. So there would be a decent Risk/Reward ratio in this position, with a potential 400 pip profit.

As always play it smart, dont rush anything, use proper risk management and dont over leverage but build calm consistent profits.
Good Luck!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out